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New Lenox 60451
736 Schoolgate Road
$265,000
● House - Off Market

736 Schoolgate Road

New Lenox, IL 60451
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,680 Ft²
$395,581
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Wow what a great 1,680 sq. ft. flat ranch on a GREAT .47 acre LOT!!! Home sits in a cul-de-sac and the Bentley/Tyler fields are behind them. New roof in 2013, new furnace ?AC in 2013. Home built as a 4 bedroom home, the 4th bedroom is being use as den/office. Large living room with a wood burning stove, formal dining room, eating in kitchen, 3 full bathrooms, full finished basement. Hardwood flooring on the 1st floor except the kitchen, 6 panel wood doors, new carpeting in the basement. Main level laundry room.  This is truly a lovely home and a wonderful lot.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$167
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #10682151)

Price History

Date / Event Date Event Price
May 6, 2020 Sold
Premium
Sold
Apr 1, 2020 Listed by CRIS REALTY $279,900
Listed by CRIS REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,565
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDERMERE WEST
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 152 IN WINDERMERE WEST UNIT 7, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF SEC. 22, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881113

Geography

  • Parcel: 15-08-22-318-010
  • Lot: 152
  • Meridian: SEC 22 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5001
  • Longitude: -87.956

    Address

  • Full Address: 736 Schoolgate Rd
  • Legal Unit: 7
  • Address - House Number: 736
  • Address - Street Name: Schoolgate
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C001
  • 4-Digit Zip Code: 3201
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $743,336
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 345,989
  • High Value: 398,036
  • Low Value: 293,943

    Market Valuation

  • Market Total Value: $275,727
  • Market Land Value: $84,045
  • Market Improvement Value: $191,682

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,909
  • Assessed Land Value: $28,015
  • Assessed Improvements Value: $63,894

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2020042871
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About New Lenox

Stats & Trends

Median Asking:

$439,950

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2234 ft²

Average Home Age

29.8 years

Currently For Sale

48 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 122 Gall Lane, New Lenox, IL, 60451

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
122 Gall Lane, New Lenox, IL, 60451 Listing by Micah Kirstein

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christine Kaczmarski, CRIS REALTY
Last Updated: 3 years ago
Data Source: MRED, MLS# 10682151
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 736 Schoolgate Road built and last sold?
The property at 736 Schoolgate Road was built in and last sold on Apr 15, 2020 for $265,000.
How much is this home worth?
The estimated value of the home located at 736 Schoolgate Road is $0.
What are some comparable homes to 736 Schoolgate Road?
There are currently no comparable homes to 736 Schoolgate Road.
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